Qatar Airways profits $540 million, braces for Gulf crisis

Posted - June 26 201702:00

Share:

Qatar Airways profits $540 million, braces for Gulf crisis

"I am also concerned by some of the strong actions which Saudi Arabia, UAE, Egypt and Bahrain have taken against an important partner, and urge them to ease the blockade on Qatar". Most likely, Qatar will make some concessions to return to the fold. It is the worst crisis for the GCC since its creation in 1981.

Arab countries, led by Saudi Arabia, have called on Qatar to end its support for Hamas and the Muslim Brotherhood - both terrorist adversaries of Israel. It was also meant to have a security component, with a defense council to coordinate military matters. Erdoğan rejected accusations that Qatar supported terrorism, arguing that the country had been a staunch opponent of ISIL.

Qatari Finance Minister Ali Sherif al-Emadi told CNBC the country could easily defend its currency and prevent shortages of food or other goods.

Khayyat said he had already made plans to bring the cows to Qatar by sea but the Gulf rift made him accelerate the move. The country shares a land border with Saudi Arabia, and more than half of its food comes from its neighbor, as well as most of its milk. But recent Gulf reports have charged the relationship goes beyond resource management, accusing Qatari officials of meeting with the head of Iran's Revolutionary Guard Corps.

Qatar Ports Management Company (Mwani) announced on Sunday two new shipping services will each run three times a week between Qatar's Hamad Port and the Omani ports of Sohar in the north and Salalah in the south.

Mogadishu has refused to side with the UAE, Bahrain and Saudi Arabia in their diplomatic offensive against Doha, despite pressures from the anti-Qatar camp.

Ankara has also called upon all countries involved to engage in dialogue in the hopes of coming to a peaceful solution with Foreign Minister Mevlut Cavusogl offering to help mediate disputes. Trump to discuss Qatar crisis with Erdoğan: Turkish FM Earlier, Foreign Minister Mevlüt Çavuşoğlu stated that U.S. President Donald Trump would discuss the crisis with Erdoğan in the near future.

Turkey has declared its full support to Qatar by offering food supplies and deploying its military troops in Qatar.

Related news

I think Vargas is going to be just fine at shutting Toronto down and the Royals will continue to show their improved hitting. RHP Cesar Valdez was sent to the Bisons. 2B Devon Travis (right knee damaged cartilage) was transferred to the 60-day DL.

The investment managers in our partner's database now hold: 235.90 million shares, down from 239.26 million shares in 2016Q3. Novartis AG (NYSE:NVS) taking place in active move after knocked up 0.32% to the trading price of $81.86 in latest session.

To integrate directly with Google, you need to publish job postings on your website and make sure those are indexable. Hence, via one single platform of Google, the job seeker can discover jobs posted in any of these portals, instantly.

The price tag of $499 is actually right on the money for many analysts, as the price is what many predicted for the Xbox One X. The fact that Microsoft is not making a profit on the Xbox One X now, however, could not be considered surprising at all.

When asked if City would be his next team, Alves replied: "Well, everyone knows my admiration for Pep Guardiola ". Speaking at a golf event at the Belfry he said: "I'm happy and the club have made a good effort".

Kumble was appointed the coach in June 2016 for a one-year term by the CAC and was instantly successful. Kumble did not travel with the team to the West Indies , before he officially tendered his resignation.

Google notes that it'll introduce new affordable cameras for VR180 so that anyone can make VR videos. Google said you can expect these cameras to come from Yi, Lenovo, and LG, as well as other partners.

The order also demands that records be kept on any foreign travel by members of Trump's transition team and presidential campaign. On Wednesday, the Wall Street Journal reported that the Senate Judiciary Committee will look into Trump's firing of Comey.

She then broke the auto window to make it look like the children had locked themselves inside, and she was trying to rescue them. She says she thought they'd be able to get themselves out, so she went back to inside to smoke weed and fell asleep for hours.

It also needed to enter that enormous market, especially if it seeks global domination, because food gets you everywhere. He added that these are likely the higher-income households who tend to buy more expensive brands and cuts of meat.

The final is a repeat of the last time the trophy was contested in 2013, when Team USA came from 8-1 down to win 9-8. Oracle skipper Jimmy Spithill was at his bullish best during the post-race press conference.

Coyotes add 3 players to cap wild week
The Rangers have approximately $20 million in salary cap space, according to CapFriendly.com, and they need to fill some holes. He was traded to the Coyotes at last year's draft and recorded five goals and nine assists in 39 games for Arizona.

NEET 2017 results declared, here is how you check
Girls outshined boys in the exams which saw almost 3.5 lakh females qualifying for allotment out of the 6 lakh who took the test. This year's National Eligibility cum Entrance Test (NEET) is topped by Navdeep Singh who secured 697 marks out of 700.

SpaceX BulgariaSat-1 Mission On Track For Tomorrow
SpaceX is planning to launch a Falcon 9 rocket with a first stage that has previously been used to deliver satellites into space. Reusing rockets is a great way to bring down launch costs; building them from scratch costs millions of dollars.

Amateur radio club to host field day in Jeff City
Despite the Internet, cell phones, email and modern communications, every year whole regions find themselves in the dark. Extra Class is the highest level of amateur radio licensing, and the holder has more opportunities to make connections.

McIlroy, Day try to make up ground, make cut at US Open
ERIN, Wis. (AP ) - An 11-year-old golf course shaped from Wisconsin pastureland was sure to bring something different to the U.S. The Englishman began the day one shot behind Fowler and quickly joined the American at the top of the leaderboard.

Cosby accuser to resume testimony in sex assault trial
Cosby, sitting across the room at the defense table, leaned in to listen, whispered to his lawyer and, at times, shook his head. Constand said she did not have the courage at the time to tell her family what had happened, so she just went along with it.